TECH SUPPLIER Dec 2019 - Market Share - Doc # US45707619

Worldwide Enterprise Applications Market Shares, 2018: Year of Transformative Workflows in the Cloud

By: Mickey North RizzaProgram Vice President, Enterprise Applications and Digital Commerce, Jordan JewellResearch Manager, Digital Commerce and Enterprise Applications, Kevin PermenterResearch Manager, Enterprise Applications

Abstract

This IDC study reviews shares for the enterprise applications market, which grew steadily in 2018. It is clear that the pace of change in the enterprise applications market is accelerating rapidly, largely thanks to the 3rd Platform and the innovation accelerators of cognitive systems including machine learning and IoT. This acceleration is being helped with the rationalization, modernization, and transformation by companies, so they can make the move to innovative cloud enterprise application solutions.

According to Mickey North Rizza, program VP, Enterprise Applications and Digital Commerce at IDC, "Cloud, AI/cognitive, and big data/analytics have molded many enterprise applications into innovative technology foundations, reshaping the enterprise view, experience, and use of enterprise applications. Digital transformation initiatives are at the center of these new purchases. Businesses worldwide understand becoming digital is embracing the future of business with innovative and modern enterprise applications technology."


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